Evolving Gold Appoints New Chief Financial Officer

December 23, 2010, Vancouver, British Columbia: Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (the "Company") announces that the Company has appointed Mr. Charles E. Jenkins, CGA, as its Chief Financial Officer.

Mr. Vitaly Melnikov, who has served as the Company's Chief Financial Officer since 2008 has left Evolving Gold to pursue other opportunities in the mining exploration and development sector.

"Evolving Gold wants to thank Mr. Melnikov for helping ensure that the Company successfully traversed the complex financial landscape of the past several years," comments Robert Barker, CEO. "We all wish him well in his future endeavors."

"Evolving Gold is pleased that it has been able to attract Mr. Charles Jenkins, CGA, to the position of Chief Financial Officer of the company," Mr. Barker continues. "Mr. Jenkins brings broad experience in accounting, banking, securities regulations and corporate finance, and has served as the Chief Financial Officer for a number of Vancouver mining exploration and development companies. We look forward to his contributions to the Evolving Gold team, as we continue exploration and move our gold projects forward in Wyoming and Nevada."

About Evolving Gold Corp.

Evolving Gold is focused on exploring its gold discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on four gold properties in and adjacent to the productive Carlin district of northern Nevada, two of which are 100% controlled by Evolving Gold.

For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call from Investor Relations please sign up at: http://www.evolvinggold.com/.

On Behalf of the Board of Directors
EVOLVING GOLD CORP.

"Robert Barker"
Robert Barker
CEO and Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
Graham Johnstone
Tel: 778-331-2023

 

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
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